Finland’s Mikki Koskinen has been named as the new president of the European Community Shipowners’ Associations, effective January 1, 2026. Koskinen has been the managing director of ESL Shipping Oy, ...

Nordic American Tankers has booked a healthy profit from the sale of two older suezmax tankers as the company presses on with its fleet renewal strategy. The New York-listed owner said it has sealed a ...

Ship supplier Wrist has bought Delaware Ship Supply in New Jersey for an undisclosed sum. “We’re excited to welcome Don Rush and his colleagues in Delaware Ship Supply,” said Jens Holger Nielsen, ...

Japan’s Oshima Shipbuilding has debuted a ship design for a bulk carrier capable of running on multiple fuels. ClassNK has issued approval in principle (AiP) for a concept design of the vessel capable ...

Mitsui OSK Lines (MOL), Japan’s largest shipping company, has announced Jotaro Tamura is stepping up to become president and CEO come April 1 next year, replacing Takeshi Hashimoto who will take over ...

Shanghai International Port Group (SIPG) has appointed ex-Shanghai transport commission head Yu Fulin as its chairman. According to the company, Yu Fulin was elected by the SIPG’s board via a ...

Heinrich Schulte, the long-standing chairman of the Schulte Group, has passed away, aged 90. Heinrich Schulte was born in Hamburg, but with family roots in Papenburg and Emden. He joined his father’s ...

For the third week running, capesize and newcastlemax sales are dominating broking reports, though the seller profile is beginning to shift. Earlier activity was primarily driven by Greek owners ...

Norway’s Amon Bulk is pushing ahead with plans to build three ammonia-fuelled kamsarmax bulk carriers after securing NOK 298m ($27m) in investment grants from state energy agency Enova. The ships, ...

Malaysia’s MISC and China Offshore Engineering & Technology Company Limited have received the approval in principle from the American Bureau of Shipping (ABS) for their design of an ammonia FPSO unit.

Scorpio Tankers has moved to refresh its LR2 fleet, agreeing to sell two 2016-built vessels while lining up two scrubber-fitted newbuildings in China. The Monaco-headquartered owner and operator said ...

Offshore rig owner Seadrill has landed rig contracts and extensions in Angola and the US part of the Gulf of Mexico. The West Neptune was awarded a contract with LLOG Exploration in the US Gulf of ...